- Rambler Metals and Mining said it had encountered new high-grade intersections in recent drilling at its Ming copper-cold mine in Eastern Canada.

A total of 1,992 meters of exploration drilling was completed from 1 September to 15 November.

Highlights included intersecting 74.75 meters downhole width of 8.98% copper with 2.16 grams per tonne of gold and 14.23 grams per tonne of silver.

'The Ming North zone has, in the span of less than 18 months, gone from an exploration conceptual target to become an integral part of the short and long term mine production plan,' chief executive Andre Booyzen said.

'This newest drilling continues to justify our faith in pushing the exploration drilling of this zone deeper, with the highest grade and longest downhole intersections seen since the mine commenced operations in 2011.'

At 1:19pm: [LON:RMM] Rambler Metals and Mining PLC share price was +0.55p at 2.6p

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